The Money Book for the Young, Fabulous & Broke

I almost didn't read this book, but I kept hearing Suze Orman's name, and a few folks I know have made references to her, so I said "Okay, this lady is successful for a reason, so I must have something to benefit by picking up this book". So I stopped everything I was working on stuck my nose into this book. Let me tell you, as I was reading, based on my own experiences with the topic's that Suze talks about, I was ranting and raving to EVERYONE I care about to get this book and read it before I even had a chance to finish reading it all, and now that I have, there isn't enough words I can say about how important it is to understand these things, but I am going to try.I think it's fair to say that getting money isn't the real battle that most of us encounter, correctly managing what we have and making it grow is the true battle. I have a real passion for financial literacy. EVERYONE should read this book no matter your financial literacy level. Suze breaks down various topics ranging from fico scores, credit debt, retirement accounts, mortgages, investments, and much more, in a every Simple, Easy, and Direct way. I can't think of a single stone she leaves untouched that's financially critical to know from the first day you turned 18.Financial literacy is IMPORTANT. The financial decisions you make today are either going to help you or haunt you later in life. You owe it to yourself to make sound, informed decisions, and the topics that Suze covers are all things that we all encounter or hear about at some point in the early parts of our adult lives. If you haven't taken the financial plunge, wonderful, Suze's will help you navigate to achieve financial prosperity. If you've already sunk your ship, no worries, Suze lays out precises ways to rebuild and move forward.What are you waiting for ?!? This book is one of the best investments you will ever make, PERIOD! It only costs a few bucks and you owe it to yourself to be financially successful and knowledgeable, so go get this book and read it NOW !! Don't thank me, I'm just paying it forward and you've been blessed with divine intervention. Best Wishes..

Despite this book 'only' being written some five years ago, this book shows its age rather badly. Since 2007, much of the financial world has been flipped upsidedown; interest rates have plunged, credit has been frozen, wages have stagnated and/or fallen for many, college continues its exponential climb in price with decreasing returns after graduation.I bought this book as a YF&B-er myself, but found much of the hard-hitting reality of life in a post-recessionary economy out of line with Suze's advice; advice like placing ordinary living expenses on credit while you're young (you can pay it off when you get a good job out of college), finance your car (you can afford the payments once you get a better job), and other debt-loading activities...all out of line with the new reality many young people like myself (22) face, even with my substantially above-average income coming from a "designer" degree (USC).Still, I have to rate the book 4/5 stars, as you will still find a good 75% of the advice still relevant. Just slash down her high interest rates on gains such as IRAs, 401(k)s, and investing. Definitely DO NOT take her advice for loading up credit cards while you're young...with the premise that you'll have the income to pay it off later. I see so many of my fellow college graduates doing this, and now have a hard slap of reality as they settle into their $30-40,000 jobs, with twice as much as that in college debt. Focus on living as frugally as you can (don't confuse frugality with being a cheap-ass), live with your parents, minimize student loans, and ALWAYS have an emergency fund.For a more 'up-to-date' book with the same basic advice, try Zac Bissonette's book,  How to Be Richer, Smarter, and Better-Looking Than Your Parents . A self-described fan and follower of Suze, Zac's book may be a little more in line with today's realities, while keeping in line with much of Suze's amazing and time-tested advice.

Great book for the financially non-initiated!I grew up pretty clueless about finance and when I hit 18, I almost wrecked my credit. I don't have repossessions or foreclosures on my credit, but seeing the actual score was a wake up call and buying this book is one of the best things I ever did for myself.I wasn't terribly familiar with Suze Orman and I dreaded reading a boring book full of dry prose but this book is a breath of fresh air! Orman's writing is upbeat and conversational in tone and you feel that she really knows her stuff and doesn't judge your for explaining things that may be common knowledge to others. The book is also VERY clearly organized and reads great from front to back or as a reference text that breaks down topics and questions into more bite sized portions when skimming through or for looking for a specific answer.I wasn't sure how mortgages worked or what the difference was between a 401(k) and a Roth IRA, but now I know. I know how credit agencies calculate your credit score and I've learned that while shiny new cars are great, they are a depreciating asset and with this knowledge, I feel more confident about my purchasing judgement/self control and optimistic about my financial future and the new path I'm on.This book is great for high school students who are embarking on their path as adults, for people trying to get a handle on their current financial situation or for people who have a general interest in economics and how our decisions, large and small, affect us in one way or another down the road.A fantastic book that was a joy to read! I can't recommend it enough!

Easy to read and understand and really helpful for beginners learning to dip their toes in the workforce, bills and saving money. Suze teaches you the basics and explains it in simplistic terms with real-life examples. Gives good advice and lays down the principles you should learn and know at the very least. Although this book may be outdated by now, not sure if there is a newer edition. This is US-based so the terminology and regulations may not hold for you depending on where you reside. Although, it's still a great foundation as the general outline, advice and examples are on the basis of every day finance. I'm Canadian and found this book still relatable to how we process things here. Learned a lot and very happy I finally picked it up and read it after having it sit through my 20s on the bookshelf. Wish I opened it sooner!

I liked that the book gave solid recommendations and practical guidance on how to make better financial decisions at the start of a working career but is an american book and refers to the USA tax system only

it's an average book if you are1.broke2. in debts3. house loansbasically, it is based on American style but by doing research on some terms you can easily use it for other countries. Overall it's a one time read book.

Fabulous Book, very helpful! I watched the show all the time, and the book is just an helpful!

Really good read. The book was also in superb condition.Thanks.